TaaS Fund Backs Up Neuromation, The Universal Marketplace Of Neural Network Development

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Neuromation.io a new Blockchain project that combines key components necessary to build deep learning solutions with synthetic data on the platform with distributed computing has confirmed another major partnership deal, linking up with tokenized closed-end fund TaaS. It’s a significant win for both Neuromation team and TaaS token-holders, allowing token-owners to capitalize on the rise of blockchain markets engaging in the inherent risks and technical barriers associated with owning, transferring and trading cryptoassets.

Token-as-a-service (TaaS) is the last-generation tokenized closed-end fund dedicated to cryptoassets, designed to reduce the risks and technical barriers of investing in the blockchain. TaaS’ token sale event raised 7.6M USD(T) in April 2017. Today, TaaS is the first post-ICO blockchain project to produce 61% ROI for its first fully-operational quarter. Now TaaS approaches the end of its second quarter with a market capitalization exceeding 45M USD(T) and its token price of over 5.7 USD(T)/TAAS.

This partnership will see Neuromation gaining advanced access to crypto-markets, giving the Neuromation team a significant edge over their competition. It will also challenge both TaaS and Neuromation to explore new ways to enhance and strengthen synergy in the blockchain space.

Ruslan Gavrilyuk, President and CEO of TaaS said:

“Neuromation is focused on developing AI and deep learning. From this perspective, deployment of the Neuromation platform on blockchain technology is essential. TaaS sees it becoming the keystone of the future success of the project. This partnership and further cooperation will become an area of great promise and potential for both parties”.

Neuromation CEO, Maxim Prasolov, said:

“We are delighted to announce this deal in partnership with the TaaS fund. Combining the new digital frontiers of Blockchain and AI we are spreading the technological synergy to the industrial and trade processes. Today AI development is costly therefore its wide usage and implementation are slow. Neuromation offers the revolutionary solution to unite distributed computing power with the needs of thousands of deep learning projects and b2b clients all over the world. As a producer of synthetic data and trainer of neural networks, Neuromation is the first client of its own platform. Using this complex solution we have already achieved significant progress in our Retail Lab, providing image recognition services to major retail brands. We believe in the fast-growing economy of tokenization and our platform will be an integral part”.

The strategic agreement also comes at a perfect time for Neuromation, with its Neurotoken pre-sale launching on October, 25th. https://ico.neuromation.io/en/, right after the announcement of the partnership with Hacken, aimed at auditing and improving the security of the code and cloud infrastructure.

Tokens issued during the pre-ICO phase will be offered with a 25 percent bonus in Neurotokens for the investors through the whitelist.

The Token sale will be held on November 28, 2017 – January 1, 2018. The total amount of placement is 60,000,000 Neurotokens, with a capital target of around $17 million. No additional tokens will be issued afterwards, and all unsold tokens will be burned.

The project’s white paper.

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About Richard Kastelein

Founder and publisher of industry publication Blockchain News (EST 2015), a partner at ICO services collective Token.Agency ($750m+ and 90+ ICOs and STOs), director of education company Blockchain Partners (Oracle Partner) – Vancouver native Richard Kastelein is an award-winning publisher, innovation executive and entrepreneur. He sits on the advisory boards of some two dozen Blockchain startups and has written over 2500 articles on Blockchain technology and startups at Blockchain News and has also published pioneering articles on ICOs in Harvard Business Review and Venturebeat. Irish Tech News put him in the top 10 Token Architects in Europe.

Kastelein has an Honorary Ph.D. and is Chair Professor of Blockchain at China's first Blockchain University in Nanchang at the Jiangxi Ahead Institute of Software and Technology. In 2018 he was invited to and attended University of Oxford's Saïd Business School for Business Automation 4.0 programme. He has over a half a decade experience judging and rewarding some 1000+ innovation projects as an EU expert for the European Commission's SME Instrument programme as a startup assessor and as a startup judge for the UK government's Innovate UK division.

Kastelein has spoken (keynotes & panels) on Blockchain technology at over 50 events in 30+ citiies. He is a Canadian (Dutch/Irish/English/Métis) whose writing career has ranged from the Canadian Native Press (Arctic) to the Caribbean & Europe.  In his 20s, he sailed around the world on small yachts and wrote a series of travel articles called, 'The Hitchhiker's Guide to the Seas' travelling by hitching rides on yachts (1989) in major travel and yachting publications. He currently lives in Groningen, Netherlands where he's raising three teenage daughters with his wife and sailing partner, Wieke Beenen.

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